Pakistan knows how to tell China that they will not pay back the loans.Pakistan official says China halts work on two projects after deadly attack
Peshawar, Pakistan (AFP) Mar 29, 2024 - Chinese contractors have halted construction on two major dam projects in Pakistan after a suicide bomber killed five Chinese engineers and a Pakistani driver this week, a provincial official told AFP on Friday.www.spacewar.com
Pakistan is important tool for them to keep India in check. So they will continue to support it, this way or that.(…) Biden in his letter said “The enduring partnership between our nations remains critical to ensuring the security of our people — and people around the world —and the United States will continue to stand with Pakistan to tackle the most pressing global and regional challenges of our time.” Biden said the support includes advancing “our shared vision for a future of greater health, security, economic growth, and access to education for all.” (…)Biden Assures Pakistan PM Of Support
For the first time in his tenure, US president Joe Biden has officially communicated with Pakistan PM Shehbaz Sharif and expressed support. In a letter to Sharif, Biden highlighted that ties between both nations were critical for bilateral and regional peace and security. Since taking over as US prestratnewsglobal.com
The US Department of State has imposed sanctions on three China-based companies and one from Belarus for supplying missile-applicable items for Pakistan's ballistic missile programme.
China, an all-weather ally of Pakistan, has been the main supplier of arms and defence equipment to Islamabad's military modernisation programme.
The US has imposed sanctions on China'-based Xi’an Longde Technology Development Company Limited, Tianjin Creative Source International Trade Co Ltd, and Granpect Company Limited. The Department of State has also imposed sanctions on Belarus-based Minsk Wheel Tractor Plant, who has worked to supply special vehicle chassis to Pakistan’s long-range ballistic missile program.
Tianjin Creative Source International Trade Co Ltd supplied missile-related equipment to Pakistan’s long-range ballistic missile programme, including stir welding equipment (which the United States assesses can be used to manufacture propellant tanks used in space launch vehicles), and a linear accelerator system (which the United States assesses can be used in the inspection of solid rocket motors).
Tianjin Creative’s procurements were likely destined for Pakistan’s Space and Upper Atmosphere Research Commission (SUPARCO), which develops and produces Pakistan’s MTCR Category I ballistic missiles.
Granpect Company worked with Pakistan's SUPARCO to supply equipment for testing large-diameter rocket motors.
Minsk Wheel Tractor Plant supplied special vehicle chassis to Pakistan’s long-range ballistic missile programme.
Such chassis are used as launch support equipment for ballistic missiles by Pakistan's National Development Complex (NDC), which is responsible for the development of Missile Technology Control Regime Category (MTCR) I ballistic missile, the US State Department said.
The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of M/s. Actis Holdings S.a.r.l (Actis Holdings), a Luxembourg-based company having a presence in Pakistan's solar power market, by M/s. General Atlantic Partners, L.P. (GA), a US-based firm.
Actis Holdings is a sustainable infrastructure investor with a diverse portfolio in energy infrastructure, long-life infrastructure, digital infrastructure, real estate, and private equity sectors. Funds managed by Actis hold a majority interest in Solis, which is a majority shareholder in Yellow Door. Yellow Door is actively engaged in the solar electricity business in Pakistan.
The acquirer General Atlantic Partners, L.P. (GA), founded in 1980 and headquartered in New York, is a growth equity firm that provides capital and strategic support for global growth companies. GA boasts an impressive portfolio of 225 companies across six global sectors: climate, consumer, financial services, healthcare, life sciences, and technology.
The CCP's Phase-I competition assessment identified 'Power Generation - Solar' as the relevant product market. The assessment revealed Actis Holdings indirect presence in Pakistan via Yellow Door which has a market share of less than 1%, remaining unchanged post-transaction. Ultimately, the proposed acquisition will not result in GA gaining dominance in the relevant market. This move is expected to bring enhanced expertise, technology, and capital to the local market, fostering competition and innovation in the renewable energy sector.
They are also doing all sorts of narco terrorism too. Billion dollar dark business.Today if bankruptcy is avoided then it is because IMF provided the short term money.
Will Modi use this opportunity to bombard p-a-ki-s from this side of border, when they doing that operation on the other side?They are also doing all sorts of narco terrorism too. Billion dollar dark business.
naah we need to flood pak with fake currencyWill Modi use this opportunity to bombard p-a-ki-s from this side of border, when they doing that operation on the other side?
If Modi is seen as doing nothing while p-a-k-i-s are doing terrorism, then he will turn out as biggest disappointment. His enigma will be lost.naah we need to flood pak with fake currency
More PDFs cause it has been taken down, these are collected before taken downAttaching pdf